218571 Resource 119232 120646 120646 1227187171049 1227187171049 Controlled Sterling Continues Downward Fall in Forex Trading Currency trading with the U.K. pound <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Yesterday, the <a href="item/218518" target="_blank" title="sterling forex trading, forex trading currency market, forex trading, currency trading U.K. pound, currency trading, pound FX trading, FX trading">sterling got a surprise bump in forex trading</a> on the currency market. Word that the Bank of England was planning more rate cuts in an effort to prop up the economy provided some good news for the pound in FX trading.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Today, though, we're back to the same old story. Retail data is down, and in currency trading, so is the U.K. pound. <a href="http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/pound-losses-continue-as-retail-sales-fall-for-second-month-2008112069145/" target="_blank" title="sterling forex trading, forex trading currency market, forex trading, currency trading U.K. pound, currency trading, pound FX trading, FX trading">Economic weakness remains the story for the sterling in forex trading</a>, and no one is sure when that is going to end.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">So, even with attempts to stimulate the economy, there is very little hope for the pound in FX trading right now. </span></font><br /> 9 application/xml false currency trading currency trading U.K. pound forex trading forex trading currency market FX trading pound FX trading sterling forex trading More on Currency Trading with the U.K. Pound Sterling in forex trading http://www.bloomberg.com/apps/news?pid=20601083&sid=aEIPrbXGoqrM&refer=currency Pound in FX Trading Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.4) Gecko/2008102920 Firefox/3.0.4 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119232 blog blogsite/GFTForex/web